Comments: IL HB4981 | 2015-2016 | 99th General Assembly

Bill Title: Amends the State Prompt Payment Act. Provides that, for bills paid on or after the effective date, the interest penalty shall be 0.75% per month (currently, 1% per month). Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Introduced - Dead) 2016-04-08 - House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee [HB4981 Detail]

Text: Latest bill text (Introduced) [HTML]

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